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Adjusted Plus-Minus

Adjusted plus/minus is a way of rating players first developed by Wayne Winston and Jeff Sagarin in the form of their WINVAL system. For each player, it starts with the team’s average point differential for each possession when they are on the court. This gives a number showing how effective the player’s team was when they were in the game. The problem with using this to evaluate individual players is that it is biased in favor of players who play alongside great teammates (and players who play against weak opponents). Adjusted plus/minus uses regression analysis to control for these biases by controlling for the quality of the teammates a player played with and the opponents he played against.

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Comments: The big advantage of adjusted plus/minus ratings are that they are the closest we can come to an "unbiased" measure of a player's effectiveness. So adjusted plus/minus ratings are almost unbiased but have a high variance.
 


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